How could the UK tweak its budget rules to borrow more?

  • Posted on September 24, 2024
  • By Business News Today
  • 3 Views
How could the UK tweak its budget rules to borrow more?

British finance minister Rachel Reeves plans to give the new government more leeway to borrow in efforts to boost economic growth. Options include changing debt measures, excluding losses from past asset purchases, and moving certain funds off the government's books. These measures aim to provide additional headroom for borrowing and spending while maintaining fiscal responsibility.
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